The European Union and the Philippines should ratify their free trade agreement

Bilateral and multilateral trade agreements, including the negotiation, signature and ratification of free-trade pacts and their effects on trading partners.

The European Union and the Philippines reached an initial free-trade agreement intended to expand industrial, agricultural and strategic economic ties. The initial agreement would eliminate more than 94% of tariffs on both sides and cover major EU industrial and agricultural exports. Ratification and complete implementation details remain pending. The agreement forms part of the EU's broader effort to deepen relations with Southeast Asia and diversify trade amid growing geopolitical and supply-chain uncertainty.